Which of the following statements is incorrect regarding the executive summary of a business plan?
A) It is a short overview of the entire business plan.
B) In many instances an investor will first ask for a copy of a firm's executive summary and will request a copy of the full business plan only if the executive summary is sufficiently convincing.
C) It is arguably the most important section of the business plan.
D) It should not exceed two single-spaced pages.
E) The executive summary is the first thing that should be written in preparing a business plan.

Question

Quizplus · Accepted Answer

The last statement is incorrect. The executive summary should be written after the rest of the business plan is completed so that it accurately reflects the content of the plan.

Which of the Following Statements Is Incorrect Regarding the Executive